TOKYO -- Hitachi is preparing to sell most of its stake in Hitachi Transport System for around 200 billion yen ($1.56 billion) to U.S. private equity firm Kohlberg Kravis Roberts, Nikkei has learned.
KKR obtained preferential negotiation rights for Hitachi's share in the logistics company. Hitachi has a 40% share and would retain a 10% stake after the deal.
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